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Technical Analysis
Daily Technical Analysis Report From CentreForex
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[QUOTE="Centreforex, post: 96261, member: 36276"] Eur/Usd : 29/01/2015 Technical Analysis Report From Centreforex Our Preference: Sell Below 1.0950 for the target of 1.0880 levels Alternative Scenario: Nill Technical Commentary: In Daily Chart :- Eur/Usd was trading in the triangle pattern and yesterday its was tested the upper trend line and closed below the key resistance level of horizontal line and its was trading in the sideways movement between key resistance level and key support level so today we can sell below the resistance level and except upto next key support level :- which we have shown in attached image. [IMG]https://charts.mql5.com/10/35/eurusd-d1-fxpro-financial-services.png[/IMG] In 4 Hour Chart Chart :- Eur/Usd was trading in the triangle pattern and yesterday its was tested the upper trend line and its was trading in the sideways movement between key resistance level and key support level so today we can sell below the resistance level and except upto next key support level:- which we have shown in attached image. [IMG]https://charts.mql5.com/10/35/eurusd-h4-fxpro-financial-services.png[/IMG] In 1 Hour :- EurUsd was trading in the equidistant channel line and its trading near upper channel line and its was trading in the sideways movement between key resistance level and key support level so today we can sell near intraday resistance level and except upto next key support level :- which we have shown in attached image [IMG]https://charts.mql5.com/10/35/eurusd-h1-fxpro-financial-services-3.png[/IMG] [/QUOTE]
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